maniacalmanicmania@aussie.zone to Not The Onion@lemmy.worldEnglish · 6 days agoVenmo, PayPal users can now send money to the US government to help pay down $36.7T national debtnypost.comexternal-linkmessage-square70fedilinkarrow-up1380arrow-down18cross-posted to: [email protected]
arrow-up1372arrow-down1external-linkVenmo, PayPal users can now send money to the US government to help pay down $36.7T national debtnypost.commaniacalmanicmania@aussie.zone to Not The Onion@lemmy.worldEnglish · 6 days agomessage-square70fedilinkcross-posted to: [email protected]
minus-squareEp1cFac3pa1m@lemmy.worldlinkfedilinkEnglisharrow-up23·6 days agoAs of Q1 2025 US household debt was $18.2 trillion dollars. This is like a guy who lives in a van down by the river asking a homeless guy to help him make his van payments. https://www.newyorkfed.org/microeconomics/hhdc.html
minus-squarecrank0271@lemmy.worldlinkfedilinkEnglisharrow-up14·6 days agoEven worse - a guy who lives in a big, white house asking it of a guy who lives in a van down by the river.
minus-squareWanderingThoughts@europe.publinkfedilinkEnglisharrow-up8·6 days agoDebt per capita is $108k. Median net worth is 121k. Median savings: $600. Yeah, this is something for the upper percentiles. The majority of the population can’t make a dent in the national debt.
As of Q1 2025 US household debt was $18.2 trillion dollars. This is like a guy who lives in a van down by the river asking a homeless guy to help him make his van payments.
https://www.newyorkfed.org/microeconomics/hhdc.html
Even worse - a guy who lives in a big, white house asking it of a guy who lives in a van down by the river.
Debt per capita is $108k. Median net worth is 121k. Median savings: $600. Yeah, this is something for the upper percentiles. The majority of the population can’t make a dent in the national debt.